China's Slumping Prices and Exports Signal Economic Struggles
• China's consumer and producer prices have dropped over the past year, signaling economic ills like oversupply, weak demand, and financial strain.
• Slowing exports to the US and Europe have impacted China's economy, as those markets import less from China.
• China remains overly dependent on exports instead of domestic consumer spending, making it vulnerable to declining overseas sales.
• Bad debts and lockdown policies have reduced consumer confidence and demand in China, further slowing growth.
• President Xi's rhetoric against private businesses has made them wary of investing in expansions that could help adjust China's economy.